The Crypto Fear & Greed Index plummeted by 21 points to “Extreme Fear,” marking the lowest sentiment recorded in seven months, as Bitcoin's price dropped significantly below the $106,000 mark. This general market downturn has been exacerbated by specific events, including a flash crash last month. During this incident, Bitcoin experienced a sharp decline, falling 15.2% to below $103,000. Following the volatility, market maker Wintermute has publicly denied rumors suggesting it planned to sue Binance in relation to the Oct. 10 crash.